Hamilton's shock move to Ferrari confirmed

Lewis Hamilton has announced he will leave Mercedes at the end of the 2024 season ahead of a blockbuster move to Ferrari.

The 39-year-old is entering the first year of a new two-year deal with Mercedes worth €115m.

But the seven-time Formula One world champion has activated a release clause in the deal, and Ferrari subsequently announced he will join the Italian team on a multi-year contract that starts in 2025.

Mercedes issued a statement confirming Hamilton's early exit on Thursday evening, signalling the end of an extraordinarily successful partnership during which Hamilton won six of his world titles in the space of seven years from 2014-20.

Although they enjoyed incredible success, the team have since fallen off the pace and Hamilton has not won a race since controversially missing out on a record eighth world championship in 2021.

Hamilton said: "I have had an amazing 11 years with this team and I’m so proud of what we have achieved together. Mercedes has been part of my life since I was 13 years old. It’s a place where I have grown up, so making the decision to leave was one of the hardest decisions I have ever had to make.

"But the time is right for me to take this step and I’m excited to be taking on a new challenge. I will be forever grateful for the incredible support of my Mercedes family, especially Toto [Wolff, Mercedes team principal] for his friendship and leadership and I want to finish on a high together.

"I am 100% committed to delivering the best performance I can this season and making my last year with the Silver Arrows one to remember."

Wolff said Mercedes accepted Hamilton’s decision to leave.

"In terms of a team-driver pairing, our relationship with Lewis has become the most successful the sport has seen,